tag:blogger.com,1999:blog-8553437299187304734.post2525720598398365295..comments2013-04-02T19:36:55.522-07:00Comments on Straightforward Finances: In Favour of the HSTFinancial Studenthttp://www.blogger.com/profile/07519965779821871616noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8553437299187304734.post-41590142969753125042010-01-07T12:29:22.999-08:002010-01-07T12:29:22.999-08:00Thanks for the link. I just took a look now.
&quo...Thanks for the link. I just took a look now.<br /><br />"The study suggests the average consumer would pay $160 more for gas and $35 more for home heating each year."<br /><br />I'm not sure what they mean by gas. Auto fuel or gas for heating? Either way the HST won't effect either, so this doesn't apply to us.<br /><br />I'll have to look and see if I can find the actual study. My guess though is that the study is assuming the decrease in expenses to the business won't be passed on to the consumer. I just can't see a scenario where that doesn't happen though.<br /><br />The increase would also have to assume that you as a consumer would continue to spend the same despite the increase in costs. That simply won't happen and goes against the law of demand.<br /><br />I don't want to pay more either, but I don't think this is as doom and gloom as the competition makes it out to be. I think it will be good in the long run, but in the short term it might hurt a little.<br /><br />Just my opinions of course though and would love to hear more arguments to the contrary.Financial Studenthttps://www.blogger.com/profile/07519965779821871616noreply@blogger.comtag:blogger.com,1999:blog-8553437299187304734.post-13640919310735479332009-12-16T10:31:08.602-08:002009-12-16T10:31:08.602-08:00Yeah, I thought this article didn't have a ver...Yeah, I thought this article didn't have a very lengthy study...I would also like to find the actual study! But I saw it and thought of you & this article!<br /><br />I think you're right that we're not likely going to be spending the SAME amount of money on things with HST as we are now. I know my family won't!!! (there goes our yearly ski trip!...oh wait, we never went! but now we likely won't begin either! lol) So in that case, the comment of spending MORE in gas (I assumed they meant for your vehicle) etc, doesn't take any other information into account, which makes a biased study. Still an interesting one though. If we had the whole story! If you find it, let me know! :)FieryCanuck77https://www.blogger.com/profile/16589376653409581240noreply@blogger.comtag:blogger.com,1999:blog-8553437299187304734.post-83052029559075489822009-12-15T15:11:33.792-08:002009-12-15T15:11:33.792-08:00I've been thinking about this for a while, try...I've been thinking about this for a while, trying to consider my thoughts to add to yours, but I'm not too sure. I guess the Laws of Supply & Demand make it look like a positive thing, but right now, I'm still not too sure. I've heard from the government stand-point it's a win-win situation (the provincial government gets money from the federal government for the taxes they've collected or something)but I certainly don't want to increase my taxes for them!!!<br /><br />Have you read this? http://www.cbc.ca/canada/manitoba/story/2009/12/15/man-hst-taxes-cp-cbc.html Manitoba's thoughts on the HST. Let me know your thoughts!FieryCanuck77https://www.blogger.com/profile/16589376653409581240noreply@blogger.com